machine learning hiring

Machine Learning for Hiring: Changing the Way Your Recruiting and HR Teams Operate

Machine learning, as a part of the wave of artificial intelligence, has changed the ways developers test automated driving, create video games, and, as this article will chart, optimize the recruiting process.

Part of what makes AI so significant in the recruiting world has a lot to do with the capabilities that come with machine learning. Machine learning is a subfield of AI that allows the system to analyze data in order to autonomously learn without being specifically programmed into each update. 

Machine learning has been utilized in several steps of the recruiting process, and it’s incumbent on recruiters to integrate machine learning into their model as AI becomes more prevalent in the recruiting world. 

Machine Learning for Hiring: Job Postings

One of the most time-consuming steps for HR teams is manually writing and posting job advertisements. Additionally, depending on who’s writing the post, your messaging may not be effective enough to attract the kind of candidates you’re looking for. 

Machine learning technology analyzes and identifies patterns between language and successful job postings. Sophisticated algorithms are able to find common denominators between successful posts and rely on the efficacy of those findings to create their own advertisements. 

Not only will this free up time for you, but it will also help your HR team write clearer descriptions for job openings. If you want to write the posts yourself, the software will provide you with a description of the kind of language that has been most successful within a certain posting space, even specifying what kind of language is more beneficial for a diverse group of candidates. 

Machine Learning for Hiring: Resume Screening and Sourcing 

Resume parsing and sourcing is one of the most clearly affected areas of machine learning technology. 

With standard AI applications, intelligent ATS software will help you parse through resumes and source candidates at a much faster rate. What machine learning provides, however, is the ability for you to identify certain patterns that come with successful and unsuccessful previous applicants. Machine learning sifts through thousands of hiring cases to assess what key factors, based on the resume, led to a successful hire. 

Machine learning utilizes key words, traits, experiences, and necessary skills in a smart, comprehensive manner that will help identify top talent that might otherwise slip through the cracks.

Machine Learning for Hiring: Employee Retention

Machine learning AI provides recruiters with one of the more controversial uses of intelligent software by analyzing data that predicts how long a candidate might stick with a job. 

While some call it invasive, machine learning applications allow AI bots to sift through a candidate’s history online via email, messages, documents, and search history in order to identify certain outliers that might suggest someone will quit their job. 

Machine learning technology can identify certain cues in language, providing employers with an update when specific keywords have been identified in the candidate’s relevant meta-data entries. Dystopian similarities aside, much of this technology is already being used in several industries and trends suggest that it could be a widespread part of the recruiting process in the near future.

Part of what makes machine learning so interesting is how fast and powerful the intelligent software can become overtime. For HR teams, utilizing machine learning technology is quickly becoming a necessary part of the hiring process, and implementing such technologies will make it much easier to adapt to further changes in the industry. 

With Loxo, you’re sure to get the most advanced machine-learning, AI recruiting technology for all of your sourcing, resume parsing, and data-retention needs. Loxo AI helps you source and retain candidates at faster rates and by smarter means.

 Loxo’s sleek and simple design make it easy for any team to follow. Change the way you do recruiting with Loxo today.

hr automation ideas

HR Automation Ideas Your Company Needs to Use

HR teams are an integral part of any business and ultimately decide, based on their hiring methods, the future of the company’s workforce. Part of what makes HR so important and difficult are the number of tedious, time-consuming tasks and procedures that come with the hiring process.

Recruiting automation and artificial intelligence is paving the way for a new age of recruitment where HR managers can streamline and simplify their workflow, eliminate tedious steps in the recruitment process, and focus on the important, human tasks that define the future of a company. 

Below are some HR automation ideas your company needs to use today. 

HR Automation Ideas for Employee Onboarding and Offboarding

Whether you’re onboarding or offboarding employees or future candidates, features in automation have helped HR teams eliminate repetitive tasks related to formal documentary procedures. Because the process of onboarding requires a significant amount of paperwork, digitizing the documentation process and utilizing automation will make it easier to integrate new employees and manage their information.

Some onboarding and offboarding steps that can be simplified via automation include the application process, contract signing, distribution of important documents, and relevant timetables.  

HR Automation Ideas for Screening and Sourcing

When it comes to both screening and sourcing candidates, automation has made some significant improvements in its efficacy to acquire top talent at faster rates and with smarter means. 

When screening resumes, HR teams can rely on machine learning features that will identify commonalities among previously successful candidates. With machine learning capabilities, you don’t have to worry as much about having top talent slip through the cracks. Artificial intelligence’s ability to rely on keywords, important traits, and machine learning will allow you to sift through thousands of resumes at incredible rates. 

With sourcing, it’s pretty much the same deal. Instead of spending hours trying to source a dozen candidates, you can rely on sourcing technology to access more talent pools at faster rates and in short time. 

On top of this, you’re going to be eliminating biases that are simply unavoidable with human interaction. Biases come in many shapes and forms, and by relying on objective, merit-based traits and characteristics, things like names, familiar hometowns or universities, gender, and ethnicity won’t have the subconscious effect that does it on human HR members. 

HR Automation Ideas for Employee Analytics

Automation can expand your capacity for employee analytics and provide HR teams with valuable insights from organized data sets. Intelligent software solutions can provide employee reports and insights at a moment’s notice, improving your employee experience by eliminating prolonged annual reports. 

A CRM will help you organize this data so that you can keep up with deadlines, client and candidate needs, and contact information for all the important people you need to reach in the recruitment process. 

Consistently updated performance reviews, deadline notifications, and important data analytics to help you understand which candidates to focus on will help bolster your HR team’s long-term strategies and make the information your employees want to see more accessible.  

HR Automation Ideas for Communication and Meetings

Scheduling meetings has come a long way with the help of automation. Under a comprehensive software, the schedules of all relevant employees can be included in the computer’s diagnostics. Instead of sending a group email and trying to identify times that work best for all your leaders, automated scheduling will evaluate the best time to set a meeting based on the schedules inputted into its system, leaving you with several options to choose from. This becomes especially useful when you have team members who are out of the office and working on-site. 

You can extend the meeting to individuals within departments, companies, or even third-parties overseas. Automated scheduled meetings will provide you with the scope and flexibility to connect with more employees and leaders with more convenience.

HR teams deal with a lot of paperwork, lengthy processes, and communication demands that eat away at their busy work schedules. These automation ideas, among others, will help simplify those processes and allow you to get to work on other important tasks in the recruiting process.

Loxo’s sophisticated and intelligent AI provides recruiters with several of the features that will improve their efficiency and make their lives easier. Loxo is an all-in-one recruiting solution that will help you screen, source, communicate, organize, and ease through the tedious steps of the recruiting process via our sleek and simple platform.

Sign up for a free live demo of Loxo to see how recruiting AI technology and automation can help you today.

ai powered recruitment

AI Powered Recruitment - Disrupting the Industry

Like with most industries in today’s increasingly technological world, AI powered recruitment continues to disrupt the hiring industry. 

A 2018 study shows that 38% of companies utilize artificial intelligence, and by the end of 2018 that number shot up to 62%.

This isn’t all that surprising in an economy with high employment rates and a need for top talent. In fact, according to a glassdoors survey, talent acquisition was the most challenging aspect of the recruiting process for 76% of hiring decision makers. With a scarcity in available talent, recruiters are turning to AI to find smart, cost-effective solutions for identifying top talent.

Loxo is leading the shift in AI recruitment, introducing a number of innovative recruiting features.

Below is an overview of Loxo’s state-of-the-art hiring technology that’s helping recruiters make smarter and more cost-effective hiring decisions today. 

Loxo’s Proprietary Sourcing Technology for AI Powered Recruitment

Part of the desire to shift to AI, among all industries, is technology’s ability to reduce errors and eliminate tedious, time-consuming tasks. With proper AI sourcing technology, recruiters have faster and more accurate means to reach top talent. 

Loxo’s proprietary AI powered sourcing technology works in three steps.

  1. Tell our sophisticated AI what you're looking for in the perfect candidate by completing our simple, quick and easy form.
  2. Purchase a Name Generation credit or redeem existing credits to complete your request. Once submitted, Loxo will begin the search.
  3. Let Loxo Name Generation™ do the work, and within 24 hours we'll email you approximately 50 of the best candidates for your roll.

Instead of wasting hours of your team’s time to source a handful of possible candidates, Loxo’s automated sourcing technology can do all the work, freeing up your hiring team’s time and attention to other human aspects of the hiring process.

Loxo’s intelligent sourcing feature can also help you:

  • Eliminate human bias from the recruiting process.
  • Utilize hundreds of databases to search for top talent that humans couldn’t possibly access in such a short amount of time. 
  • Rely on intelligent algorithms that sort, rank, and match candidates into a comprehensible list. 
  • Compile top talent while your team is away from the office, on break, or sleeping. 
  • Increase accuracy when determining the suitability and qualifications of a candidate. 

Loxo’s Smart Database Drives AI Powered Recruitment

While CRM and ATS technology have been around for some time, only state-of-the-art databases will be able to optimize intelligent features and work with your sourcing software. 

The power of Loxo’s AI is that it combines and utilizes several of its recruiting features at the same time. It’s combined CRM+ATS automatically transfers information from one pool to the next. Additionally, Loxo will organize any new candidates that come into contact with your team and automatically sort, organize, and place them into your database for present or future use. 

One of the most overlooked features of a competent CRM is its efficacy to develop long-term recruiting strategies. Loxo’s database ensures that you can easily track and contact candidates, wherever they are in their recruiting process. Loxo will help you identify passive and active candidates, giving you the tools you need to develop a talent pool and have qualified candidates for both present and future demands. 

Improving Candidate Experience with Loxo

Loxo’s AI recruitment features will change the way you interact with candidates, ultimately improving candidate experience which will lead to more referrals and increased brand recognition. 

Loxo’s AI will make keeping candidates informed and up-to-date with key information easier than ever. You can maintain important checkpoints, organize a candidate’s steps in the hiring process, and be in a position to inform candidates of any updates along their journey to hiring. 

Additionally, candidates will be happier when you’re able to match them more accurately with job openings. By eliminating human bias and relying on objective, intelligent hiring methods, you can guarantee that your candidates are being accurately sorted into positions that they’re truly qualified and meant to work in. Loxo’s intelligent sourcing and matching algorithm is they key to this process.

Whether you’re ready for it or not, the future of recruiting has arrived and Loxo is leading the charge.

Try your Loxo demo today and ensure that you’re getting access to top talent with less hassle, time, and cost than ever before.

applicant database for recruiting

Making Your Applicant Database a Strategic Advantage

It’s not enough to simply integrate a database into your recruiting firm and expect your metrics to start improving. 

Yes, certain things like organization and efficiency will happen relatively seamlessly with a competent ATS or CRM. It’s up to recruiters, however, to maximize their technology and delegate tedious roles in order to turn your database into a real strategic advantage.

This article will overview how you can utilize your databases in order to streamline steps in the recruiting process, maximize productivity, and provide your team with more time towards the human aspects of recruitment. 

What is an Applicant Database?

So, what is an applicant database? 

An applicant database usually comes in the form of an Applicant Tracking System (ATS) and Customer Management Relation (CRM). A competent applicant database will store valuable information on candidates, streamline tedious tasks in the recruitment process, track candidates’ activity rates, allow you to create and post jobs, and move candidates through every stop in the hiring process with ease and simplicity.

The best way to maximize your use of your database is by integrating your ATS with your CRM. By doing so, you’re ensuring that you aren’t wasting time on streamlining tasks that don’t add value to the recruiting process in the long run. 

Here are some of the functions of an ATS/CRM:

  • Store and collect candidate information and resumes.
  • Track passive and active candidates.
  • Identify the best ways to contact candidates.
  • Provide valuable data on seasonal hiring trends with an industry.
  • Rank and list candidates.
  • Match job openings with candidates in your database.
  • Build talent pools for future growth.
  • Streamline recruiting processes by making data easier and quicker to access.
  • Free up time for recruiters to tend to essential, human tasks of the recruiting process.

How Does an Applicant Database work?

Applicant databases gather and store resumes for recruiters and hiring teams to access and reference. Because most recruiters take only six seconds to review a resume, an applicant database, like an ATS, is an excellent space to efficiently store resumes in a way that you can review them quickly and seamlessly. 

With the help of automation and artificial intelligence, smart candidate sourcing tools and databases can rank your candidates for you, eliminating the time-consuming process of ordering and ranking the candidate list on your own. 

Additionally, applicant databases streamline time-consuming processes with the keyword search capabilities and resume formatting algorithms that keep every candidate organized and in order.

Turning your Applicant Database into a Strategic Advantage

When your ATS and CRM are working in unison, you guarantee that you maximize the efficacy of your applicant database. 

When you facilitate and optimize the hiring process with your ATS, you’re going for short-term gains in the recruiting process. An ATS will help you source, screen, and move your candidates through the recruiting process without having to manually intervene in every step of the recruiting process. Already, you’re improving key metrics like cost per hire, time to hire, and quality of hire with an ATS.

By integrating a CRM, however, you’re ensuring that all the benefits you’ve gained in the hiring process can be used for long-term strategies. A CRM can help you identify trends, hiring patterns, and keep track of active and passive candidates. By relying on your CRM, you make sure that every piece of data in the hiring process can be stored and used later down the line.

With a fully integrated ATS/CRM, recruiters can make smarter and well-informed hiring decisions, build talent pools, create long-term strategies, and develop outreach campaigns by utilizing the contact information and activity rates in their databases. 

Applicant Database AI and Automation

Loxo’s proprietary sourcing technology and innovative ATS+CRM applications give you all the tools you need to turn your applicant database into a strategic advantage. Loxo’s leading the way when it comes to database technology, and we want to make the recruiting process as simple and enjoyable as possible. 

Leveraging Loxo's AI you can easily source your existing applicant database for candidates for your latest jobs, or use the AI name generator to create a net-new source of candidate profiles.

It’s not enough to streamline limited aspects of the recruiting process; Loxo’s intelligent database will support your long-term strategic goals while simplifying the day-to-day recruiting tasks and needs. Maximize your technological capabilities and try Loxo today.

role of talent pools

The Role of Talent Pools

Building a size-able and high-quality talent pool is one of the most effective long-term recruiting strategies. In fact, in today’s competitive recruiting world, talent pools are essential to maintaining an edge over the competition. 

Talent pools are defined by the databases that recruiting agencies acquire in order to store all current and potential candidates. 

Having a solid database of top talent will allow you to source candidates at faster and cheaper rates, giving your more control and leverage in the long-run. 

Below is everything you need to know about the role of talent pools and how to develop an effective talent pool strategy. 

What is a Talent Pool?

As stated above, a talent pool is a database that stores all current and potential candidates. This refers to all candidates that you’ve been tracking or have reached out to you, including direct applicants, sourced candidates, referrals, and candidates who have entered your database inbound. 

Talent pool strategies are more than just collecting names into a list, though. They’re about building relationships, overtime and in a proactive manner, in order to constantly contact the most talented and high-quality applicants before they’re ready to enter the workforce. 

Talent pool acquisition, through the proactive lens, is really about developing a high quality database by maximizing your candidate experience, CRM, communication methods, and candidate engagement metrics. 

By utilizing all of these things, you’re ensuring that your talent pool strategy is holistic, recognizing the importance of brand recognition and candidate relations just as much as the actual data that a talent pool is made of. 

Why Is Building a Talent Pool Important?

So why go through all the trouble of building a talent pool and engaging all of these candidates for job postings that don’t already exist?

Even if you don’t have any immediate client demands or open positions to fill, building talent pools early on will ensure that you’re getting a head start on improving all the important recruiting metrics and best practices.

When you engage in proactive recruiting and develop talent pools early on, you’re making efforts to reduce time to hire and cost per hire, while at the same time increasing quality of hire and your rate of hire. 

With more candidates at your disposal, you’ll have the leverage and options to pick the best candidates for the most demanding positions. At the same time, you won’t need to waste time sourcing candidates and culling together resumes from scratch. 

You want the best candidates for every job position that opens up, and building talent pools will make that way easier down the road. 

How do you Build a Talent Pool?

Building a talent pool is all about utilizing your resources and relying on proactive recruiting to seek out the best candidates. While there isn’t a catch-all strategy to finding top talent, there are a number of recruiting strategies that agencies should rely on. 

  • Sourcing Automation: One of the fastest and most cost-effective ways to source candidates is through sourcing automation tools. Sourcing automation tools allow recruiters to input their needs into a database and, within a day, receive a list of top talent that fits their job description. Sourcing AI will do all the work while you’re busy with other tasks or simply taking a break. 
  • Referrals: Referrals are often some of the best candidates that recruiters can acquire. Obtaining referrals comes down to  developing your candidate experience. If a candidate gets a good job that fits their needs and is happy with you as a recruiter, they’re more likely to refer a qualified friend or associate. Communicating with your candidates, engaging candidates, and improving candidate experience are all ways to increase referral rates. 
  • Utilize a CRM: Having a competent CRM is essential to long-term success if you’re going to develop talent pools. A competent CRM means you’ll be able to store data and keep tabs on any candidates that you come across in the recruiting process. Not only that, a CRM will make it easier to reach out to those candidates, distinguish whether they’re active or passive, and give you the information to create your talent pool strategies in the present and future.

In this day and age, it’s not a question of whether or not you need to build talent pools, it’s how best to do it. Loxo’s proprietary sourcing automation technology, advanced CRM, and innovative ATS will provide you with everything you’ll need to store candidates, proactively seek them, and build quality talent pools.

Loxo’s state-of-the-art features will make building your talent pools more efficient and cost-effective than ever. Ensure long-term success and try your Loxo demo today.

rise of talent intelligence

The Rise of Talent Intelligence

Artificial intelligence has taken large strides in recent years and shifted the way that recruiters find talent and interact with the recruiting process. AI recruiting has allowed recruiters to source candidates more efficiently, eliminate bias, and streamline tedious and time-consuming tasks in the recruiting process.

Talent Intelligence has emerged out of this digital shift and has distinguished itself as a central aspect of intelligent recruiting. Talent intelligence is, in short, the process of data collection and analytics as a means to assess and improve talent quality, candidate experience, and key recruiting metrics.

Talent intelligence is about minimizing the tedious tasks that computers can handle and giving your team more time to make connections, develop strategies, and deal with the “human” aspects of recruitment.

Below is everything you need to know about the rise of talent intelligence recruitment. 

What is Talent Intelligence?

Talent intelligence isn’t simply about the data that recruiters gather; it’s about understanding which areas of the recruiting process can be delegated to technology and how best to utilize that information. 

With talent intelligence, you’re relying on things like your CRM to identify recruitment patterns, trends, and to track candidates. If you need to source candidates, you can utilize AI candidate sourcing automation technology so that you don’t have to spend hours to come up with a few viable candidates. 

 With talent intelligence applications, you can streamline the tedious processes of screening, sourcing, and evaluating talent quality with a click of a button, saving you both time and money. Talent intelligence relies on technology, databases, and analytics to improve the important recruiting metrics at the fastest and cheapest rates.

What is talent intelligence? Talent intelligence is about refocusing time and energy spent on tasks that technology can handle and shifting that energy to the human aspects of recruiting--interviews, meetings, candidate experience, and long-term strategy development, among others.

Talent Business Intelligence

Over the past ten years, business intelligence has become one of the most talked about and anticipated terms in business and recruiting. In fact, 85% of business leaders across the world have said that big data will dramatically change the way companies do business. 

Business intelligence is an umbrella term that describes the way in which companies analyze, sort, and access key business information in order to identify insights from the data that they store. 

When it comes to recruiting, this is more than just talent acquisition. Talent business intelligence will help recruiters develop benchmarks, KPIs, and evaluate the big-picture decisions of where their company is heading. You can evaluate not only important hiring metrics, but also performance and overall efficiency. 

Business intelligence relies on data from website traffic, closed deal analyses, and interaction analytics. The first step to understanding and building from the data is having the right tools, like a CRM, to store and make sense of the data. Beyond that, companies should weigh up their potential business solutions in order to see if their long-term goals are in line with quarterly data reports. 

Talent Intelligence Recruitment Best Practices

When applying any new technology or shift in practices, it’s important to do so in a way as seamless and comprehensible as possible. In order to make the transition simple enough for your employees and team members, you’re relying on two important aspects: ease of technology and ease of integration.

  • Technology: When it comes to technology, you need software that will be easy to use and simple to manage. This means that it needs to have an appealing design, simple navigation features, and a reliable system. There’s no use in integrating a powerful CRM/ATS if the software is too complicated for your team to pick up..
  • Compatibility: Decide which departments will most likely rely on talent intelligence recruitment and are most compatible with its applications. Additionally, you should look into any existing technologies that you already use and see if the software can integrate easily into your system. Even with an outdated data storage system, you don’t want all the information you’ve culled together to go to waste.
  • Implementation: How many teams will utilize the new technology? If enough departments rely on using the technology together, exchanging information throughout the recruiting process, it might be worthwhile to have a week of training where the technology can be implemented throughout the various departments.

It’s only a matter of time before talent intelligence recruitment practices become ubiquitous in the recruiting world. Getting a head start on integrating AI recruiting applications into your agency will help make for a smoother transition and allow you to begin building a foundation of information to build upon.

Loxo is leading the way when it comes to innovations in sourcing automation and recruiting AI. Our state-of-the-art ATS and CRM is a simple, comprehensive system that will allow you to store and manage data with ease. Get up to speed with the industry’s technological advancements and get your Loxo demo today.

ai sourcing

How AI Sourcing Works

Unlike other recruiting trends in technology and innovation, it looks like AI recruitment practices and recruiting automation are here to stay.

This is especially true in an industry that continues to expand its growth, potential, and level of competition. In order to maintain an edge in today’s recruiting climate, recruiters are going to have to utilize many of recruitment automation’s applications, like AI sourcing.

Loxo’s AI sourcing technology will help recruiters cut out costly, time-consuming, and tedious processes so they can streamline their operations and leverage more time towards other important elements of the recruiting process. 

This article will tell you everything you need to about how AI sourcing works, and how Loxo AI, the world’s first intelligent sourcing assistant, can you help you source candidates faster and smarter than ever.

What is AI Sourcing?

If sourcing is the procurement of names, candidates, and resumes for a specific job, then AI sourcing is the ability to expand, streamline, and automate all of the tedious steps in that process. 

One of the big advantages of AI sourcing is the ability to refer to hundreds of databases in a short amount of time. AI sourcing will allow you to unearth top talent across hundreds of sources to find the best possible matches for you while you’re setting up meetings, contacting individual candidates, or sleeping. 

While, traditionally, you might need various departments that take on different roles in the candidate sourcing process--for example an initial team for name procurement, followed by a series of other teams that cover qualification, interviews, and matchability--AI sourcing will automate most of those steps and allow you to focus on the human elements. 

How Does AI Sourcing Work? 

So how does AI sourcing work? If you’re trying out Loxo AI, the process is as simple as a few easy steps. 

First, you tell the sophisticated AI what you’re looking for in the perfect candidate by filling out a simple, quick, and easy form.

Second, redeem your existing AI credits or purchase credit to complete your request. Once your credits have been registered by the system, Loxo AI will begin its search. 

Third, get your results. Loxo AI will do all the work by culling together approximately 50 of the best candidates for your role. Within 24 hours of your request, you will receive an email with a list of the 50 candidates.

AI sourcing takes advantage of the available databases online, providing you with a much greater candidate pool to refer to when assessing matchability. The only thing the recruiter has to do is make clear the roles and skills that they’re looking for. If the system knows what to look for, it can screen resumes and evaluate candidates quickly and seamlessly.  

Why is AI Sourcing Important? 

According to a LinkedIn Talent Solutions study, 46% of talent acquisition leaders have found it consistently difficult to attract qualified candidates. As markets continue to become saturated and the ability to parse out top talent from the crowd becomes more difficult, it’s up to recruiters to adapt to these challenges in order to meet their clients’ needs. 

AI sourcing is one simple but effective way to integrate automation to the recruiting process and help improve important metrics like cost-to-hire, time-to-hire, time-to-fill, quality-of-hire, and so on. By allowing recruiters to focus on things like interviews, meetings, and connecting with top talent with personal emails, it’s not hard to imagine how you can save time and money by cutting out manual sourcing. 

Loxo AI™ is an automated sourcing assistant that identifies and ranks the best possible candidates for your open role. The goal is quality over quantity. Loxo AI™ works on each position by using either your own internal database or you can choose to use Loxo Source™ our brand new proprietary directory with nearly half-a-billion people, and 12 million companies across the globe.

Whether you sourced someone from LinkedIn, uploaded a resume, manually created a person, or added them into your database from Loxo Source™, you can use Loxo AI™ to automatically find the very best possible matches to a specific job. Forever gone are the days of endless Boolean search strings or applying countless filters. Simply create a job like you would today and let Loxo AI™ do the work for you! Request a demo of Loxo to get started.

ai talent acquisition

Artificial Intelligence and Talent Acquisition

In today’s recruiting climate, it shouldn’t be a question of whether to utilize AI talent acquisition practices but when to utilize them and it to what extent. 

As data becomes more accessible, more platforms adjust to AI, and the need to expand continues to grow, its incumbent on any recruiting firm to adapt to the changes of AI to keep ahead of the competition. 

When it comes to talent acquisition, there’s more than one way that AI has proven useful. While the benefits of cutting time-consuming tasks are valuable, AI applications can do far more than simply streamline tedious operations. 

Here are some of the benefits of artificial intelligence and talent acquisition

Why is AI Talent Acquisition Important?

For any HR team, the challenge of talent acquisition is twofold. In one sense, you want to fill the spots that are needed for your clients, and you want to do so in a timely manner. On the other hand, you need to ensure you provide top talent and qualified candidates so your clients are satisfied with their new hires. 

Against a competitor who’s using AI talent acquisition practices to their best ability, it’s hard to stay competitive if you aren’t utilizing the same tools of automation. As the advent of technology and AI continues to expand, clients are going to start expecting their recruiters and HR teams to refer to sophisticated AI in order to find the best talent out there. 

Increase Efficiency with AI Talent Acquisition 

The most obvious benefit with artificial intelligence and talent acquisition, like most things with automation, is the boost in time and efficiency. 

With AI sourcing, the resume and screening process becomes as simple as a few clicks. While your recruiting team is focused on improving the candidate experience, sending personal emails, and scheduling meetings--all things that have a human touch to them--your powerful AI will be referring to hundreds of databases to create a list of top talent for you to reach out to for interviews.

If you’re using a powerful AI system, you should see improvements in time-to-hire, cost-per-hire, time-to-fill, and other key metrics. 

Artificial Intelligence Talent Acquisition: Removing Bias

While most companies consider themselves free of bias, there’s really no escaping the unconscious bias that all humans carry with them. And the numbers show that a lack of diversity in the workplace is more than just a nice thing to have; it’s directly correlated to success. According to Forbes, diverse executive teams are 33% more profitable than their non-diverse counterparts. 

This has less to do with the efficacy of diverse backgrounds being stronger in the workplace and more to do with a hiring team being open to and taking advantage of top talent, regardless of their background. 

Unconscious bias in recruiting isn’t simply about race, gender, or nationality, either. Issues of education bias arise if a candidate went to the same university as you or someone close to you. Additional forms of bias come in affinity bias, past performance bias, and beauty bias, among others. 

This is where AI talent acquisition comes in. When screening or evaluating the efficacy of a candidate, sophisticated AI will look only at the concrete metrics of their work experience, skills, and education to make an objective qualitative assessment of their capabilities in the workplace. 

There’s no way to ensure you’re removing subconscious bias completely unless you integrate AI talent acquisition technology. 

Artificial Intelligence and Candidate Experience

Artificial intelligence introduces recruiters to a completely new method of improving the candidate experience. While it may seem unlikely that automation, a non-human thing, can improve candidate experience, there are actually a number of practical ways that automation is making things easier on candidates.

Automated chat boxes are a cost-effective and efficient way to answer questions to large numbers of visitors to your website. Finding a job is often a stressful and anxious time, and candidates will surely have questions along the various steps in their hiring journey. An automated chat box with instant answers will set their nerves at ease and provide them with the valuable information they’re seeking. 

Faster response times, greater matchability, and improved communication are just a few ways you can bolster candidate experience with AI talent acquisition.

Loxo has developed and introduced the world’s first intelligent sourcing assistant, providing recruiters with valuable AI applications that they need in today’s recruiting climate. 

Loxo will help you reach your contacts quicker, source candidates, and stay on top of key recruiting metrics. Don’t let your technology hold you back and try your free Loxo demo today.

end to end recruiting process

How to Streamline the End-to-End Recruitment Process

With the help of technology, artificial intelligence, and automation recruiting, recruiting agencies and HR teams now have a myriad of ways to streamline each step in the recruiting process.  

The end-to-end recruiting process can be laid out in six steps. The six steps in chronological order are preparation and planning, sourcing candidates, screening, selecting, hiring, and onboarding. 

Loxo will be with you along every step of the way, showing you how our various automation and technology functions has all the tools you need to improve key recruiting metrics and streamline otherwise tedious and time-consuming tasks.  

Preparation: Step 1 of the End-to-End Recruiting Process

The first step in the hiring process is to establish and define the ideal candidate and or candidate persona that you’re trying to reach. Once you’ve established your ideal hire, you need to create a detailed job description. Loxo will connect your post to several job search websites and share your description across social media channels. 

One way to streamline this process is by referring to the valuable data in your CRM. Loxo’s CRM provides you with details on candidates and seasonal trends so you know when and where to extend your post to reach the best candidates. 

 By reviewing the kind of skills and experience that successful candidates had in the past, you can create a thorough and accurate description of the kind of candidates you’d like to attract in the future. 

Sourcing: Step 2 of the End-to-End recruiting Process

Loxo provides recruiters with the world’s first intelligent sourcing assistant. Loxo’s sophisticated AI gathers candidates from hundreds of databases, giving you more reach and access to top talent. 

Rather than spending hours culling together 10 or 15 candidates, Loxo’s AI candidate sourcing will give you the freedom to focus on other aspects of the recruiting process while it gathers 50 top candidates for you. 

The process is as simple as telling Loxo what kind of candidate you’re looking for, submitting your credits, and letting Loxo take care of the rest. Within 24 hours, you’ll receive an email with 50 top candidates and plenty of time on your hands to take on other important tasks. 

Screening: Step 3 of the End-to-End Recruiting Process

Once you’ve sourced a number of resumes and candidates, Loxo will help you parse through resumes to screen your remaining candidates.

Loxo’s powerful CRM+ATS technology provides you with tools to augment the resume and create insights. A powerful ATS will include automated screening, eliminate data entry, simplify your workflow, and maximize your productivity. 

Selection: Step 4 of the End-to-End Recruiting Process

The best and most tested method for selection has been and remains to be interviews. Despite how a candidate may look on paper, seeing them face-to-face will be the best way to evaluate their suitability and work readiness.

While it might be difficult to integrate technology into the interviewing portion of the recruiting process, you can keep your knowledge of your candidates neatly organized in your database with your CRM. Additionally, you can refer to your CRM for other valuable data that could help you form questions in your interview and act as a reference point to draw information from. 

Hiring: Step 5 of the End-to-End Recruiting Process

This part of the hiring process has most do with organizing and ensuring a positive candidate experience. You want to follow up with your candidates, be available to them for questions, inform them of important dates and deadlines, and cull together any last-minute documentats or items necessary for their employers.

Again, referring to your CRM to keep deadlines, contact information, and other valuable data close at hand is a great way to stay on top of the hiring process. 

Onboarding: Step 6 of the End-to-End Recruiting Process

Onboarding is one of the most overlooked but important steps of the recruiting process. If you can’t get it right at the end of your recruiting cycle, then all of the effort and time spent on the previous 5 steps will have been to no avail.

What scares off candidates most at this point in the hiring process is a lack of guidance. If you’re an independent recruiter, there’s little you can do at this point as its up to your clients to take the client in and integrate them into their company. What you can do, however, is keep them posted, follow up weeks into their job, and maintain a steady line of communication.

If your recruiting in-house for your company, ensure that there’s a welcoming orientation or introductory path that familiarizes your new hire with the company culture and team members.

Loxo is dedicated to making recruiting easier for you, your clients, and your candidates. Our sophisticated technology will back you up every step of the way and make the recruiting process is simpler and easier to manage than ever before.

Streamline every step of your recruiting process and try the Loxo demo today.

AI based recruitment using hiring tools

Best-in-class AI Based Recruitment and Hiring Tools

One of the biggest challenges with the advent of technology and AI based recruitment is not necessarily finding quality hires, but finding quality hires at increasingly faster rates. 

Whether you’re an inhouse recruiting department or a third-party partner, hiring managers are expected to provide quality candidates within days if not hours of the initial request. This puts an enormous weight on hiring teams and creates an environment difficult for recruiters to survive in if they’re not utilizing AI hiring tools.

What recruiters need is a reliable, modern, and sophisticated AI partner to help them accrue top talent quickly. Loxo’s proprietary technology introduces the world’s first intelligent sourcing assistant, state-of-the-art hiring functions, a powerful CRM+ATS, advanced job sharing opportunities, and other innovative recruitment tools. 

Below is a list of Loxo’s AI based recruitment functions and hiring tools, showing why is Loxo is the most advanced and modern hiring partner in today’s recruiting world. 

AI Hiring Tools and Sourcing

Sourcing is frequently underscored as one of today’s key hiring steps because it’s something that hiring teams can adequately control and present to their clients.

Tim Sackett, an HR/recruitment talent professional and blogger, sees recruiters putting the most effort into improving how fast they acquire talent. 

While he believes that both a high quality and quantity of candidates can be achieved, he also acknowledges that to achieve both “takes a really great process, supported by great tech, supported by high expectations and performance management.” 

This is where Loxo comes in. Loxo’s AI sourcing allows you to create high-quality talent pools. The three-step process is simple: you submit a description of the role and skills you’re looking for, certify your order, and 24 hours later Loxo will send you an email with approximately 50 high quality candidates.

Loxo’s AI sourcing capabilities remove 90% of the time spent by sourcing manually and recommends only the top candidates across hundreds of databases. With the help of Loxo’s advanced automation, you can cut costs from maintaining ineffective sourcing teams and reach top talent quicker than ever.

AI Based Recruitment Marketing

Loxo has several automated marketing features to help you reach candidates in a cost-effective and timely manner.

Below are some of the ways you can utilize Loxo’s marketing AI hiring tools.

    • Automated Emails/Drip Marketing: Loxo’s automated email feature will give you the power to save time and reach a large number of candidates at the same time. Our email automation technology allows you to send personalized emails to every candidate with our bulk email feature. You can increase your candidate experience and save time simultaneously. 
    • Job Sharing: With Loxo, you can post unique job openings and opportunities to multiple job sites and share your job descriptions across several social media platforms. 
    • Voicemail Drop: The best way to reach a large number of candidates is by utilizing all the communication lines at your disposal. Like with emailing, voicemail drop marketing gives you the power to automate personalized voicemails and ensure you’re reaching out to as many candidates and Loxo user as possible. 


Loxo’s ATS+CRM AI Hiring Tools

Integrating AI hiring tools will not only create faster and better quality hires, they will make your life easier. 

Loxo’s CRM technology will remove the need for you to scour the internet for candidates’ contact information. With Loxo Connect, our technology will find professional phone numbers and emails for you, culling together a list while you’re busy with other important tasks. 

Additionally, finding sourced candidates will also become as simple as a click with Loxo’s state-of-the-art ATS. Our smart-grid search tool allows you to instantly find candidates and contacts that you’ve already sourced into your ATS.

Loxo’s advanced CRM will help you retain valuable data, access contact information, simplify your workflow, and maximize productivity. 

As a generational and technological transformation continues to develop, it’s up to hiring teams to make the switch to the best hiring tools and recruiting AI technology.

Loxo is dedicated to providing the best and most modern hiring tools and recruiting functions out there. Connect with the most effective recruiting technology out there; connect with Loxo today.